Attorneys and Lawyers are ruining the franchise industry. It is too bad too, because franchising represents over 400,000 businesses in our country and accounts for just over one-third of every consumer dollar spent in this country. By over regulating and over lawyering the industry we are weakening our free markets and suffocating our up and coming entrepreneurs.
I remember standing with a group in Las Vegas at the annual IFA meeting at the MGM, where everyone was gathered around Mr. Rosenberg and the attorneys were making comments apropos to franchise law, Bob, just rolled his eyes and threw up his arms in gest; "Oh you guys?" he said, meaning, all these laws and rules have nothing to do with successful franchisees or running a franchise company. He did not do it by laws and rules, he did it by caring, working hard and not giving up. Franchising is a win-win situation. Could he have done what he did then, today?
The reason I ask is that Krispy Kremes, with a never ending supply of capitalization just got creamed themselves recently and now the lawsuits will fly as the dough hits the ceilings, Atkins diets will take hold and people will have less fillings. KKD's CFO leaves the company, insiders tied up in class action lawsuits, what next? Well Krispy Kreme will have parties for Washington DC insiders to slow possibility of any regulatory actions. It's all a game now, so I ask could Duncan Donuts do the same thing today with all this over regulation? Do not be so quick to answer yes, think on it a bit. Think of all the unnecessary disclosure, laws, lawsuits and market forces? If you are an optimist the answer is maybe. If you are a realist, the answer is most likely not. Think about it. Is the Federal Trade Commission willing to get on the same page with reality?
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
scheduled maid service Northbrook ..It has been discussed allowing Franchising companies to electronically disclose... Read More
Who is responsible for maintaining the business relationship?Nurturing a business... Read More
Buying a franchise is not for everyone. This guide will... Read More
Image of your franchise automotive outlet is so important. Some... Read More
Success is the desire of everyman on the face of... Read More
Here are some important points to take note of if... Read More
Your business is making profits, but where is the cash?... Read More
In a perfect world, starting a small business would be... Read More
When you awoke this morning, you found yourself buzzing with... Read More
As a small business owner, outsourcing work to Virtual Assistants... Read More
"So what?" is a lovely question.It can lead to a... Read More
Franchising has made the world look really small. The well... Read More
Congratulations, you are starting a small business! You are taking... Read More
As a successful small business owner,you're accustomed to long hours;... Read More
Start thinking about buying an established business if you want... Read More
When we speak of branding most of the time people... Read More
Multimedia is everywhere on the Internet, whether in the form... Read More
To wash an airplane there are many items you will... Read More
You bet it's worth it. Publicity via news releases, along... Read More
The FTC Franchise Rule maybe changed, as the Federal trade... Read More
The goals of businesses have undergone much evolution from the... Read More
Great question!Freeing your time is an indisputably key element in... Read More
-- The One Pager Shortcut Series --An effective and compelling... Read More
If you discovered the bottom line in your business depended... Read More
If you are in the pressure washing business and are... Read More
reliable maid service Highland Park ..Before you read any further in this article, I'd like... Read More
Lance Armstrong this week won an unprecedented 7th Tour de... Read More
When is it a good thing to say no to... Read More
Too often in business we get trapped into reviewing our... Read More
Seems as though there are a lot of business closings... Read More
New Franchisors and Entrepreneurs need to watch out as they... Read More
So there I was ? sitting in the audience of... Read More
I love work, I can watch it all day.I am... Read More
A successful joint venture marketing effort is the goal of... Read More
In the world today, many people are further in debt... Read More
What kinds of things effect mobile service businesses P and... Read More
Most business owners do not think of selling their companies... Read More
Would it help you as a real estate investor to... Read More
Those who are in the pressure washer business should not... Read More
So you want to get into the auto detailing business... Read More
As a solo entrepreneur or small business owner, one of... Read More
Researching information for a recent business plan, I came across... Read More
If you own a mobile truck washing, pressure washing or... Read More
Cash is the lifeblood of any business. As humans need... Read More
If you discovered the bottom line in your business depended... Read More
Pet Transportation Services are needed as the number of pets... Read More
Imagine that you have operated a successful franchise business for... Read More
There is a rather famous true story called "Acres of... Read More
Do you own a franchised business? Over 400,000 franchised businesses... Read More
"What do you do?" It just might be one of... Read More
Small Business |